Xylem Inc. (NYSE:XYL – Get Free Report) has earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $154.2308.
XYL has been the topic of several recent analyst reports. Jefferies Financial Group upgraded shares of Xylem from a “hold” rating to a “buy” rating and lifted their price target for the company from $130.00 to $140.00 in a report on Thursday, June 25th. Mizuho upped their price objective on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. UBS Group raised their target price on shares of Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Thursday. Oppenheimer cut their target price on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th.
Read Our Latest Report on Xylem
Xylem Trading Down 0.5%
Xylem (NYSE:XYL – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts predict that Xylem will post 5.67 EPS for the current year.
Xylem Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s payout ratio is presently 40.95%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of Xylem by 14.4% during the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock valued at $3,645,000 after purchasing an additional 3,900 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 132 shares in the last quarter. Empowered Funds LLC lifted its position in Xylem by 56.1% during the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock valued at $1,037,000 after buying an additional 3,120 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Xylem by 97.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock valued at $1,442,000 after buying an additional 5,509 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Xylem by 114.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock valued at $154,000 after buying an additional 635 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.
Xylem Company Profile
Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.
The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.
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